• Ripple secured preliminary approval for a Crypto Asset Service Provider licence under the EU’s MiCA framework.
• The approval moves Ripple closer to offering regulated crypto services across all 30 European Economic Area countries.
• The company said the licence would support broader adoption of its crypto asset and stablecoin payments infrastructure.

Ripple (CRYPTO:XRP) has received preliminary approval for a Crypto Asset Service Provider licence under the European Union’s Markets in Crypto-Assets framework, bringing the company closer to expanding regulated crypto services across 30 countries in the European Economic Area.

The conditional approval, disclosed on June 23, follows Ripple’s earlier acquisition of an Electronic Money…